2010 New York Code
BNK - Banking
Article 3-B - (150 - 155) SUBSIDIARY TRUST COMPANIES
150 - Definitions.

§ 150.  Definitions.  1. "Subsidiary trust company", when used in this
  article, means a trust company which is subject  to  the  provisions  of
  this article.
    2. "Bank holding company" and "subsidiary", when used in this article,
  shall  each  have  the  same  meaning  specified  in section one hundred
  forty-one of this chapter.
    3. "Owning bank holding company",  when  used  in  this  article  with
  respect  to  a  subsidiary trust company, means the bank holding company
  which owns all of the outstanding voting stock of such subsidiary  trust
  company.
    4.  When  used  in  this  article, an "affiliated bank" or "affiliated
  trust company" of a subsidiary  trust  company  means  any  bank,  trust
  company,  savings  bank,  savings  and  loan association, national bank,
  federal savings bank, federal savings association, or out-of-state state
  bank (as such term is defined in section two hundred twenty-two of  this
  chapter),  or  such  other  banking institution as the banking board may
  permit specifically or  by  general  rule  or  regulation,  which  is  a
  subsidiary  of the bank holding company which owns such subsidiary trust
  company.
    5. "Trust office", when  used  in  this  article  with  respect  to  a
  subsidiary  trust  company,  means  an  office  of  the subsidiary trust
  company maintained for the purpose of conducting its business.
    6. "Trust officer", when used in this article with respect to a  trust
  company  which  is  not  a  subsidiary  trust  company,  means an office
  maintained solely for the purpose of conducting business relating to the
  exercise of its fiduciary powers.